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Chesapeake Utilities Corp. (CPK) Chairman of the Board Ralph J Adkins sells 1,000 Shares

March 13, 2012 | About:
insider

insider

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Chairman of the Board of Chesapeake Utilities Corp. (CPK) Ralph J Adkins sells 1,000 shares of CPK on 03/09/2012 at an average price of $41.9 a share.

Chesapeake Util has a market cap of $402.1 million; its shares were traded at around $42.13 with a P/E ratio of 15 and P/S ratio of 0.9. The dividend yield of Chesapeake Util stocks is 3.3%. Chesapeake Util had an annual average earning growth of 3.8% over the past 10 years.

CFO Recent Trades:


  • Sr. VP, CFO, Treas. & Corp Sec Beth W Cooper bought 5 shares of CPK stock on 11/07/2011 at the average price of 42.04. Beth W Cooper owns at least 17,699 shares after this. The price of the stock has increased by 0.21% since.
  • Sr. VP, CFO, Treas. & Corp Sec Beth W Cooper bought 5 shares of CPK stock on 10/05/2011 at the average price of 40.05. Beth W Cooper owns at least 17,543 shares after this. The price of the stock has increased by 5.19% since.


For the complete insider trading history of CPK, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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